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20131202
20131210
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. and in an economy that is not creating enough work for people who want to go to work and still not creating enough middle class jobs. >> reporter: the president is paying attention to the issue, calling for a raise in the federal minimum wage. >> it's well past the time to raise a minimum wage that in real terms right now is below where it was when harry truman was in office. >> reporter: in this push for a higher minimum wage, a higher federal minimum wage likely to not go away anytime soon. the bureau of labor statistics shows six out of ten fastest growing positions in the next decade will be low paying positions. >> a lot of folks are struggling. that's for sure. we'll be watching these protests across the nation. >>> in other headlines, vice president joe biden says china's new air defense zone over the east china sea is causing significant apprehension. he's in beijing meeting with the country's top leaders. biden says he expressed washington's firm position and expectations regarding the zone. the air space is over a disputed island chain claimed by both china and japan. biden will be headi
on that. >> hi there, kate. let's talk about the jobs report in a moment. your economy is three things, jobs, investments and housing. we think of it as the three corners of the triangle. you need all of those for your personal finances and to grow your wealth. small businesses, they seem to be hiring more than the big businesses are by the way. auto sales have been up. you have the signals that are showing the economy doing a little bit better. >> when you're talking about the economy doing better, let's talk about housing. you say there's good news there. >> that's one very important part of your finance triangle. 3% home growth is what zillow was forecasting. mortgage rates moving up, 4.46%. that's not necessarily bad. why? it says the banks might start writing more loans next year. >> historically they're still very low. >> very low, absolutely. anything under 5% is still very low. >> good news. why is the stock market still stalling? >> that's interesting. five down days for stocks over the past week. your 401(k) is up double digits this year, no question. you've seen really good
's trip was supposed to be about trade and the economy. now in fact it's all about the chinese military. vice president joe biden with one eye towards a possible 2016 bid is getting the chance to flex his international muscle power in asia. >> the united states has an interest in the lowering of tensions in this vital region. as i believe all the countries in northeast asia share that same interest with us. >> reporter: biden, in crisis manager mode, arrived in tokyo as the region confronts a power grab by beijing. china declared it now controls a vast portion of the air space over the east china sea and remote islands that both china and japan claim. biden will bluntly ask the chinese leaders their military intentions when he stops in china next. u.s. officials worry china's ultimate aim is a confrontation with japan. >> we, the united states, are deeply concerned. by the attempt to unilaterally change the status quo in the east china sea. this action has raised regional tensions and increased the risk of accidents and miscalculation. >> reporter: china is demanding aircraft flying thr
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was helping their economy. however, his zeal might like and his religious faith and convictions might have gotten him in trouble. >> how so? >> i think he is a man of faith and a strong christian. he had because of his zeal, i think his wanting to help him share that might have been interpret as having hostile intentions. >> the christianity frowned on by the state and the combination with being an american you think wound up triggering the detention? >> unfortunately, yes. >> when is the last time you heard from your brother? what is the last information you had to suggest his condition? >> last time we had a use from kenneth, mother was visiting in october. she was will from the 11th to the 14th. she got to visit him in the hospital. at that time i think his condition had improved because he had been hospitalized for several months. he had chronic conditions that require ongoing attention by his doctors at home which is why he is home now. >> was he injured during his detention? how long has he been in the hospital? >> he's been in the hospital since august 5th. he's had some medical con
boost fuel economy and a whole lot more. go further. waffle bars... fancy robes... seems every hotel has something to love... so join the loyalty program that lets you earn free nights in any of them. plus, for a limited time, members can win a free night every day. only at hotels.com ♪ i need dollar dollar dollar is what i need ♪ >>> welcome back to "new day," my friend. we have the real-life top gun story in just a moment but first, a quick check of sports headlines in this morning's "bleacher report." >>> you knew missing the playoffs for the first time in 19 years wasn't going to sit well with the yankees. this time around, they're steeling jacoby ellsbury is way from the red sox. they reportedly signed him to a seven-year, $153 million contract, the fourth largest deal in yankees history. ellsbury will have to shave his beard. the yankees have that no facial hair policy. >>> warriors, raptors games looked like a snoozer. toronto it a 27-point lead but golden state mounted an epic comeback. they used a barrage of threes to outscore them in the fourth quarter. they came back to ge
Search Results 0 to 5 of about 6